Thursday, April 22, 2010

The next recession will be much worse

The Austrian school of thought is always right. What you have to worry about it the timeline. They often set few if any timetables for their predictions but they will always come to pass sooner or later. The flawed economic policy of the central banking system and the do-good legislators only ends in prolonged turmoil. If you listen to fellows like Mr. Rogers you will be ahead of the curve for certain. I guess the message is - don't sit back and think all is taken care of and we will begin to prosper madly, get your stuff in order and hunker down for the next go-round, because it is coming.